a few more thoughts on the way the lifechangerEA works:
I noticed that the bot very often starts to open the first position in zones. support and resistance zones or liquidity zones. i guess that in connection with volume and other indicators he then decides whether he goes long or short. a clearly clear line is not recognizable for me so far.
and here what nexusfx and cchong already meant in relation to: trends that are too large/long without a significant correction make life difficult for this EA and means that the martingale TP cannot be reached, so the drawdown with long-lasting trends is always larger and puts the account under pressure. in the worst case, the account will be blown up.
the same thing happens with high impact news, of course. the price rises or falls very sharply without correction. the bot moves more and more positions and can ultimately break the account because no price correction takes place with which the TP is then reached.
another little information. My business partner and I used the lifechangerEA with XAUUSD, XAUAUD, XAUEUR.
!!Please do not imitate as a beginner, all gold pairs are very volatile and at the moment it is extremely risky to operate the EA with them!! (even with settings primarily based on maximum security rather than profit)
Best regards,
IncAT